Fundraising Fox

Sawari Ventures

Venture capital

Cairo · Seed–Growth · 15 people tracked

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Investment thesis

Sawari Ventures believes North Africa possesses abundant entrepreneurial talent capable of transforming industries with appropriate capital and support. The firm pairs exceptional founders with smart capital to drive regional economic innovation. Beyond financial investment, Sawari provides operational expertise and strategic guidance to build sustainable, successful companies. The firm prioritizes ESG integration throughout its investment process and aims to establish itself as the leading VC fund for ESG and impact investing in the region. Through its dual fund structure combining international DFI capital with local stakeholder investment, Sawari demonstrates how regional ecosystems can leverage both global expertise and deep local knowledge.

Source: firm website, verified Jul 21, 2026.

Stage
Seed–Growth
HQ
Cairo, EG
Leads rounds
Leads
Instruments
Equity
Founded
2010
AUM
$70M
Tracked investments
18

Team · 15 people

from the firm's website
Ahmed El Alfi· Partner & Chairman

Founder and Chairman with over 30 years of early-stage and growth investing experience. Founded Hybrid Capital Partners in 1990 and established Sawari Ventures, Flat6Labs, Nafham, and TATP between 2010-2013. Previously served as Senior Vice President at Jefferies & Company.

Hany Al Sonbaty· Managing Partner

Managing Partner and co-founder of Flat6Labs with over 20 years in private equity and venture capital. Previously led technology, media, and telecom investments at EFG-Hermes PE, pioneered institutional venture capital in MENA, and managed funds exceeding $500 million in assets.

Ibrahim Ramadan· Partner

Partner who joined the firm in 2016 and led fundraising, structuring, and closing of Sawari's first two institutional funds. Previously worked as financial consultant to tech and media startups, and held roles in corporate banking covering telecom and construction.

Jennifer Schoeberlein· Partner, ESG & Impact

ESG and Impact Partner responsible for ESG integration in investment processes, risk assessment, and impact monitoring. Prior experience in business integrity, anti-corruption, and SME capacity building across multiple international organizations.

Wael Amin· Partner

Partner and serial entrepreneur who co-founded ITWorx, transforming it into one of the Middle East's largest IT companies across 12 countries. The company created over 5,000 jobs and spawned multiple successful spinoff ventures and startups in Egypt's tech ecosystem.

Anta Ndiaye· Principal

Advocate for African entrepreneurship since 2016 with experience launching French Tech initiatives in Cape Town and New York. Previously worked in cybersecurity sales and facilitated co-investment opportunities between African and international VCs at Euroquity.

Farah Abd El-Gawad· Principal

Principal with expertise in private equity, asset management, and venture capital across sectors including financial services and agribusiness. Previously managed equity and fixed income funds at NBK Capital and held roles at Egyptian PE firms.

Fatima-Zahra Bennani· Principal

Principal with career spanning private equity at Lazard Paris and venture capital roles in France. Co-founded a fintech and edtech platform in Morocco, and led the launch of Morocco's most active seed fund and accelerator.

Basmat Al-Sabbah Fareed· Associate

Senior Investment Analyst with background in tech startups including medical technology and AI-driven marketing. Earlier experience in the nonprofit sector supporting refugee-led business development in Egypt.

Dalia ElMohamady· CFO

Chief Financial Officer with prior experience as Business Finance Director and deputy CFO at Swvl. Also held roles in strategic planning and competitive intelligence across Asia and MENA regions, with early career experience in FP&A.

Farah Yehia· Associate

Investment Associate with experience at development financial institutions focused on investment analysis and operational due diligence. Completed a private equity graduate program in London and holds a master's degree in venture capital and private equity with fintech specialization.

Khaled El Tanany· Head of Compliance and AML Manager

Head of Compliance and Anti-Money Laundering Manager with prior leadership roles in internal control and AML at financial investment firms. Extensive background in asset management operations and bank auditing.

Nader Maged· Associate

Senior Investment Analyst with background in investment banking, including buy-side and sell-side M&A and capital market transactions across real estate, financial services, and consumer goods.

Noran Heikal· General Accountant

General Accountant with prior experience as external auditor for multiple banks and financial institutions. Holds Certified Management Accountant credentials.

Omar Ghoneim· Senior Analyst, FP&A

Senior FP&A Analyst with over six years in finance including corporate banking and M&A advisory roles at major financial institutions.

What they invest in

from 3 of 18 portfolio companies

Fintech ×2AI & Machine Learning ×1Cloud Computing ×1Developer Tools ×1E-commerce ×1SaaS ×1

HQs:Egypt×2

Investments · 18 tracked

founders shown can be your intro path
ADVAadvaeg.com
Almentoralmentor.net
Axisaxisapp.com

axis is an Egyptian fintech company offering mobile money infrastructure solutions including a digital wallet, instant payouts for businesses, and international remittances to Egypt. It serves both individual and business customers through APIs and mobile applications.

FintechCairo, EG

Rania GaafarAhmed Yasser

blnkblnk.aiin
Brantubrantu.com
Elveselvesapp.com
Expandcartexpandcart.com
Faturafaturab2b.com
Fulfillment Bridgefulfillmentbridge.com
Goodsmartgoodsmartegypt.com
Instabuginstabug.comin𝕏

Instabug (branded as Luciq) provides mobile observability and intelligent agents that automatically detect, diagnose, and resolve app issues before users notice them. The platform serves mobile app development teams seeking end-to-end automation across detection, diagnosis, and resolution to improve app quality and user experience.

AI & Machine LearningCloud ComputingDeveloper Tools

Kashierkashier.io

Kashier is a digital payment platform that enables businesses to accept digital payments from customers and partners through various solutions including invoicing, online checkout, and subscription management. The company serves merchants and e-commerce businesses primarily in Egypt.

E-commerceFintechSaaSCairo, EG

Moneyfellowsmoneyfellows.comin
Pearlpearlsemi.com
Proteineaproteinea.comin𝕏
Si-Waresi-ware.comin𝕏
SWVLswvl.comin

Frequently asked questions

What stage does Sawari Ventures invest at?
Sawari Ventures invests at the Seed, Series A, Series B, Series C, Growth stages.
What sectors does Sawari Ventures focus on?
Sawari Ventures focuses on B2B Marketplaces, Consumer, Deep Tech, E-commerce, EdTech, Fintech, Healthtech, Logistics & Supply Chain.
Where is Sawari Ventures located?
Sawari Ventures is headquartered in Cairo, EG.
Does Sawari Ventures lead rounds?
Yes, Sawari Ventures leads investment rounds.

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